Category: Infrastructure
Panama Canal Port Operator Calls Audit Claims ‘Contrary to Reality’
The Hong Kong firm in charge of two key Panama Canal ports rejected on Wednesday an audit that said it had failed to pay the $1.2 billion due under its concession. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate ...
U.S. Will Not Let China Disrupt Panama Canal: Pentagon Chief
By María Isabel Sánchez The United States will not allow China to jeopardize the operations of the Panama Canal, U.S. Defense Secretary Pete Hegseth warned during a visit to the Central American nation on Tuesday. ...
New Deal Revives Kenya’s Standard Gauge Railway
Kenya’s dream of expanding its Chinese-built Standard Gauge Railway (SGR) to the Ugandan border could be coming to fruition. A funding deal for the third phase of the railway project was announced following a trip to China by the country’s Finance Minister John Mbadi.
Legal Wrangles Increase Around Panama Ports
The signing of a deal to sell two ports in Panama by the Hong Kong ports company CK Hutchison to the U.S. investment group BlackRock could be delayed by legal proceedings. While China’s competition regulator has undertaken a review of the deal amid growing criticism, Panama’s government ...
Panama Wants ‘Respectful’ Ties With U.S. Amid Canal Threats
Panama hopes to maintain a "respectful" relationship with the United States, even as President Donald Trump has repeated threats to retake the Panama Canal, Foreign Minister Javier Martinez-Acha said Saturday. His comments came ahead of a visit next week by U.S. ...
Cambodia Opens China-Backed Ream Naval Base to All, Amid Western Scrutiny
Cambodia officially reopened its China-backed Ream Naval Base on Saturday, positioning itself at the heart of Southeast Asia's escalating maritime power contest. While upgraded with Chinese military support, Phnom Penh insists the base is open to warships from ...
Australia to Buy Darwin Port Lease From Chinese Firm: PM
Australia plans to buy back control of its strategic northern port of Darwin from the current Chinese leaseholder, Prime Minister Anthony Albanese said Friday. China's Landbridge group was granted a 99-year lease on the port in 2015, a widely criticised decision ...
Chinese Developer Under Scrutiny Over Bangkok Tower Quake Collapse
By Sally Jensen and Chayanit Itthipongmaetee A Chinese construction company is facing questions over the deadly collapse of a Bangkok skyscraper -- the only major building in the capital to fall in a catastrophic earthquake that has killed more than 2,000 ...
Chinese Firm Faces Investigation After Thai Building Collapse
A Chinese construction firm is under investigation following the collapse of a 30-floor skyscraper under construction in Bangkok during the 7.7 magnitude earthquake that struck Thailand and Myanmar late last week. The building was the only one to sustain damage among several skyscrapers in the district. The collapse ...
Ports, Power, and Politics: Behind the High-Stakes Battle Over CK Hutchison’s Panama Deal
By Alonso Illueca, CGSP Non-Resident Fellow for Latin America and the Caribbean This week, a multibillion-dollar deal was set to shift control of some 43 ports across 23 countries—but now, it’s at the center of an escalating geopolitical battle. The agreement ...
U.S., China Raise the Stakes in Panama Canal Ports Row
By Holmes Chan, with Luna Lin in Beijing China's fury at the sale of Panama Canal ports to a U.S.-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say.
China Increasing Pressure on Panama Ports Deal
The Chinese authorities are reportedly telling state-owned enterprises to pause new business with companies linked to Li Ka-Shing and his family, the latest signal that Beijing is unhappy with the decision by Li’s CK Hutchison Holdings to sell two strategic ports in Panama to a U.S. consortium—part of ...